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Cash Dividend On The Way From Wells Fargo Advantage Multi-Sector Income Fund (ERC)

Looking at the universe of stocks we cover at Dividend Channel, on 4/11/14, Wells Fargo Advantage Multi-Sector Income Fund will trade ex-dividend, for its monthly dividend of $0.10, payable on 5/1/14. As a percentage of ERC's recent stock price of $14.62, this dividend works out to approximately 0.68%, so look for shares of Wells Fargo Advantage Multi-Sector Income Fund to trade 0.68% lower — all else being equal — when ERC shares open for trading on 4/11/14.

Looking at the universe of stocks we cover at Dividend Channel, on 4/11/14, Wells Fargo Advantage Multi-Sector Income Fund ( ERC) will trade ex-dividend, for its monthly dividend of $0.10, payable on 5/1/14. As a percentage of ERC's recent stock price of $14.62, this dividend works out to approximately 0.68%, so look for shares of Wells Fargo Advantage Multi-Sector Income Fund to trade 0.68% lower — all else being equal — when ERC shares open for trading on 4/11/14.

Below is a dividend history chart for ERC, showing historical dividends prior to the most recent $0.10 declared by Wells Fargo Advantage Multi-Sector Income Fund:

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from ERC is likely to continue, and whether the current estimated yield of 8.21% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of ERC shares, versus its 200 day moving average:

Looking at the chart above, ERC's low point in its 52 week range is $13.66 per share, with $16.89 as the 52 week high point — that compares with a last trade of $14.62.

In Wednesday trading, Wells Fargo Advantage Multi-Sector Income Fund shares are currently off about 0.1% on the day.